Sharp price hikes estimated for next Iranian calendar year
An Iranian professor of economics believes: “During the next Iranian calendar year (1398 HS), there will be severe price hikes on the forex and goods markets; considering the highly possible intervention of security and government forces in potential social and economic unrests, security will be intensified.”
Reception halls in Tehran stand idle
President of the union for reception halls in Tehran says that although there are no accurate statistics for a drop in the number of weddings in Tehran’s reception halls, it is still tangible enough to have a negative effect on business.
Iran's economic growth in 2019 - Negative or positive?
The Research Center of Iran’s Islamic Legislative Assembly has recently published a report on oil forecasts for 2018-2019, announcing that Iran’s economic growth in 2019 will be negative. The Economist has also painted a bleak future for Iran in 2019. Nevertheless, Iran’s Minister of Finance has said that 2019 will not see a negative economic growth.
Possibility of new protests in Iran still exists
A Professor of Economics in Tehran believes: “If the government continues to pursue its misguided policies, add to that the economic pressures of the sanctions, and a possibility of new protests erupting in Iran in 2019 still exists.”
Protests continue in Iran in various forms
A Tehran-based professor of economics believes: “The protests of December-January 2017 were the result of the government’s wrong policies over the past three, leading to economic inequality, corruption and a limited job market. The protests are still ongoing in the form of increased emigration, addiction, divorce and frustration.”
Rouhani warning to EU re third option in JCPOA
President Rouhani of Iran attended a session at the Islamic Consultative Assembly [Parliament] today, Tuesday, to answer questions by lawmakers.
Iran’s Labor Minister is dismissed
Unhappy with his explanations, the Members of Parliament at Iran’s Islamic Consultative Assembly voted for the impeachment of Ali Rabiei, Iran’s Minster of Cooperatives, Labor, and Social Welfare.
IMF: Iran leading regional economic growth
In its latest 6-monthly report, the International Monetary Fund (IMF) has published its forecasts on Iran and the world, naming Iran as leading regional economic growth among oil producing countries.